LCI Industries (NYSE:LCII – Get Free Report) is set to post its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect LCI Industries to post earnings of $1.31 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.
LCI Industries (NYSE:LCII – Get Free Report) last announced its earnings results on Tuesday, August 6th. The company reported $2.40 earnings per share for the quarter, topping the consensus estimate of $2.16 by $0.24. LCI Industries had a net margin of 3.17% and a return on equity of 8.85%. The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter in the prior year, the firm earned $1.31 earnings per share. The business’s quarterly revenue was up 3.9% compared to the same quarter last year. On average, analysts expect LCI Industries to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.
LCI Industries Price Performance
Shares of LCII opened at $115.22 on Wednesday. LCI Industries has a fifty-two week low of $96.18 and a fifty-two week high of $131.36. The company has a market capitalization of $2.93 billion, a price-to-earnings ratio of 24.16 and a beta of 1.41. The firm has a 50-day simple moving average of $117.01 and a 200-day simple moving average of $111.39. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.23 and a current ratio of 2.82.
LCI Industries Dividend Announcement
Analyst Upgrades and Downgrades
LCII has been the subject of several recent research reports. StockNews.com downgraded shares of LCI Industries from a “buy” rating to a “hold” rating in a research note on Tuesday, October 8th. Truist Financial increased their target price on shares of LCI Industries from $100.00 to $108.00 and gave the stock a “hold” rating in a research note on Friday, September 20th. Raymond James initiated coverage on shares of LCI Industries in a research report on Tuesday, October 1st. They issued a “market perform” rating for the company. Finally, Benchmark restated a “buy” rating and issued a $130.00 price objective on shares of LCI Industries in a research report on Wednesday, August 7th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, LCI Industries has an average rating of “Hold” and an average target price of $112.20.
View Our Latest Stock Analysis on LCI Industries
LCI Industries Company Profile
LCI Industries, together with its subsidiaries, manufactures and supplies engineered components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally. It operates through two segments: Original Equipment Manufacturers (OEM) and Aftermarket.
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